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Industry Article: In Tough Times, Test to Be Sure

Publication: Offshore
Publication Date:
04/01/2009

The only thing risky about well testing is failing to do it when necessary. Management needs to know with an increasing degree of accuracy the value of reserves and the cost of accessing and producing them. Investors want better assurances to quantify return on capital before they commit. These questions continue for the life of the reservoir. With your asset in the balance, it is best to be sure.